USD/JPY fights in the midst of commercial tensions, the limited pair below key mobile socks

USD/JPY Price Analysis: The dollar fights in the midst of commercial tensions, the torque is limited below the key mobile stockings

• The USD/JPY quotes around the 143 zone during the American session on Wednesday
• US tariff
• The technical resistance is observed near the 145.50–145.80 area, while 142.40 offers a key support

The USD/JPY torque maintains a modest bias during the American session on Wednesday, around the 143rd zone. Despite the intradic increase, the general tone remains cautious since the US dollar remains under pressure in the face of the increase in commercial tensions and the fall in treasure yields. The Japanese yen, typically a safe refuge during geopolitical outbreaks, has struggled to fully capitalize in the middle of crossed winds in the stock markets and monetary divergence.

In the fundamental front, the feeling of the market has become fragile after the decision of US President Donald Trump to explore new tariffs on critical mineral imports. These proposed taxes are added to the already substantial reciprocal tariffs in the current commercial confrontation between the US and China. Meanwhile, China responded with restrictions on the export of rare earths, which generates concerns about interruptions in the supply chain in key industries such as technology and defense. Although both parties have shown openness to resume negotiations, Beijing’s rhetoric emphasized the need for mutual respect.

Although the US economic data has been relatively firm – March retail sales increased 1.4%, slightly above expectations – investors continue to disapprove in the dollar, reflecting a broader anxiety around global trade and monetary policy. The US dollar index fell even more in the day, undermining the capacity of the USD/JPY to extend profits.

Technical analysis

From a technical perspective, the USD/JPY torque shows a mixed image. The indicator of convergence/divergence of mobile socks (MACD) is emitting a sales signal, suggesting a weakening of the momentum. Meanwhile, the Relative Force Index (RSI) is about 32, indicating that the torque is close to overall territory. Simple mobile stockings of 20, 100 and 200 days point to a greater decrease, reinforcing the general bassist perspective. The percentage range of Williams indicates a possible rebound, but other indicators remain neutral.

The key support is observed around 142.41, with additional downward objectives in 141.80. On the positive side, the resistance is found in 145.47, followed by 145.79 and 146.62. Unless the bulls manage to break decisively above the confluence of mobile socks, upward attempts can continue to face winds against.